Economy

Retail sales in Hungary fell by an annual 3.9 percent in January, or 4.5 percent when adjusted for calendar-year effects, the Central Statistical Office (KSH) said on Monday.

Commercial guest nights in Hungary increased in January by 18 percent year on year to 1,417,000, the Central Statistical Office (KSH) said on Friday.

The number of registered jobseekers was at an all-time low in January-February, the ministry of economic development said on Friday.

Hungary's annual GDP growth slowed to 0.4 percent in the fourth quarter of 2022 from 4.0 percent in Q3, the Central Statistical Office (KSH) confirmed in a second reading of data on Thursday.

Investment volume in Hungary fell by an annual 6.3 percent in the fourth quarter, the Central Statistical Office (KSH) said on Wednesday.

The protracted war in Ukraine and the energy crisis caused by the European Union's sanctions have "fundamentally" changed the economic environment, so the government must adjust the budget in the interest of protecting families and the economy, the finance minister said on Wednesday during ...

Hungarian rate-setters decided to leave the base rate unchanged at 13 percent at a regular policy meeting on Tuesday.

Finance Minister Mihaly Varga spoke about economic policy goals in the latest installment of The Bold Truth About Hungary, the podcast of the government's international spokesman, Zoltan Kovacs.

Hungary's jobless rate was 3.9 percent in January, up from 3.8 percent in the previous month, the Central Statistical Office (KSH) said on Friday.

The average gross wage in Hungary rose by an annual 18.1 percent to 581,900 forints (EUR 1,524) in December, data released by the Central Statistical Office (KSH) on Thursday show.